TL;DR The Biden administration proposes a 30% tax on electricity used by Bitcoin miners. Even miners who generate their own electricity from renewable sources would be subject to this tax. Critics argue that the real intention is to suppress Bitcoin and pave the way for a Central Bank Digital Currency (CBDC). President Biden’s administration has […]

Four fraud cases involving cryptocurrency have been reported since Feb. 29, according to the Naperville Police Department, which issued a scam …

Ethereum price is consolidating near the $4,000 zone. ETH is again moving higher as the bulls seem to be aiming for a move above the $4,200 level. Ethereum traded to a new multi-month high above $4,080 before correcting lower. The price is trading above $4,000 and the 100-hourly Simple Moving Average. There was a break […]

The financial giant behind the Grayscale Bitcoin Trust (GBTC) is filing a new BTC product with the leading United States securities regulator. According to a new filing with the U.S. Securities and Exchange Commission (SEC), Grayscale is attempting to register a “Grayscale Bitcoin Mini Trust,” a spin-off of GBTC. The new product aims to allow investors […]

A closely followed crypto strategist says that the payments platform XRP has been drastically underperforming for the last six years. Analyst Jason Pizzino tells his 100,600 followers on the social media platform X that those who held on to their XRP stacks since 2018 have mostly seen negative returns. According to the analyst, XRP may […]

London Stock Exchange will start accepting applications for Bitcoin and Ethereum Exchange Traded Notes (ETN) in Q2 of this year—the launch date has not yet been announced. The ETNs will be subject to several approval criteria and even if met, the LSE says it still reserves the right to deny listing. Access to the ETNs […]

After the SEC’s approval of Spot Bitcoin ETFs in January 2024, there has been hope for a similar outcome for Spot Ethereum ETFs. Analysts say subdued sentiment and the lack of progress as the deadline approaches have made them less optimistic about its approval. Lawyer criticises the SEC’s lack of sufficient justification over spot/futures correlation. […]

Jake Chervinsky, CLO of Variant, a crypto-focused venture capital firm, explained that he was pessimistic about U.S. regulators approving a spot ether ETF this May. Chervinsky stated that the SEC’s combative attitude, willingness to go to court to fight this kind of approval, and lack of details on the initiative, signaled a bad outcome for […]

CoinShares International Limited the European investment company specializing in digital assets, has finalized its acquisition of Valkyrie Funds LLC and the investment advisory business of Valkyrie Investments Inc., along with the Sponsor rights to the Valkyrie Bitcoin Fund, a physically-backed Bitcoin ETF. CoinShares’ Global AUM Reaches Approximately $7.3 Billion This acquisition, which incorporates approximately $530 […]

Thailand’s Securities and Exchange Commission (SEC) has changed its regulations, permitting the creation of private funds that invest in spot Bitcoin exchange-traded funds (ETFs) traded on U.S. exchanges. However, this opportunity is limited to institutional investors and high-net-worth individuals. SEC Amends Spot Bitcoin ETF Rules SEC Secretary-General Pornanong Budsaratragoon disclosed that the decision was reached […]

ADA can move forward after another threshold gets broken, while NEAR follows Ethereum

Today, more than 25 leading Bitcoin organizations joined forces under the banner of the ‘Bitcoin Deserves an Emoji’ movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin’s multifaceted role in society as a revolutionary technology, a form of […]

Financial regulators in the United Kingdom are allowing applications for crypto-based exchange-traded notes (ETNs), according to a new announcement. In a Monday press release, Britain’s Financial Conduct Authority (FCA) said that it has approved the sale of crypto and Bitcoin (BTC) ETNs for professional investors. ETNs in the UK are defined as bonds issued by […]

The AI-driven project demonstrates significant growth and brand loyalty, alongside a landmark collaboration with the Shiba Inu community.

Solana is gaining bullish momentum above $150. SOL price is showing positive signs, and it could even surpass the $162 resistance in the near term. SOL price started a fresh increase from the $138 support against the US Dollar. The price is now trading above $150 and the 100 simple moving average (4 hours). There […]

TL;DR Brad Garlinghouse, Ripple’s CEO, emphasized the importance of practical applications of blockchain technology to sustain the bullish market sentiment, which has been fueled by a rise in Bitcoin ETF volumes and the upcoming Bitcoin halving event. The U.S. approved 11 spot Bitcoin ETFs on January 10, 2024, leading to substantial gains for Bitcoin and […]

In a significant legal confrontation, Coinbase has filed a challenge against the U.S. Securities and Exchange Commission (SEC) in the Third Circuit, contesting the SEC’s refusal to establish clear rulemaking for digital assets. San Francisco Crypto Exchange Coinbase Initiates Legal Action Against SEC’s Crypto Regulation Approach Coinbase’s legal action underscores the ongoing tension between the […]

Sumsub, a verification platform, has partnered with Chainalysis to provide businesses with a solution for Know Your Customer (KYC), Anti-Money Laundering (AML), and transaction monitoring. According to the press release, Sumsub’s integration of the blockchain analysis firm aims to give users automated transaction monitoring, enhanced fraud detection, and access to a unified dashboard. Crypto Compliance […]

A closely followed crypto analyst believes that rallies are in store for two top smart contract platforms including Ethereum (ETH). Pseudonymous analyst Loma tells his 301,200 followers on the social media platform X that he thinks Ethereum will likely continue its slow grind up. The crypto strategist shares a chart suggesting that ETH will eventually […]

An aggressive airdrop farming campaign helped elevate Portal to become the biggest gaming token launch so far this year. Now BlockGames, a mobile-centric crypto gaming platform, is attempting to follow a similar playbook as it gears up to launch its BLOCK token. BlockGames launched its BLOCK airdrop farming campaign on Friday, incentivizing hopeful token recipients […]

The number of new “millionaire” wallets for Bitcoin (BTC) has risen to about 1,500 daily after the cryptocurrency’s price surged to $72,000 recently. However, this increase is modest compared to the daily creation of new millionaires during the previous bull market. The leading cryptocurrency by market capitalization has experienced a 70% price surge since the […]

Which altcoins can keep midterm rise going?

March 11, 2024 – Hong Kong, Hong Kong Sensay, a pioneering technology company at the intersection of AI and blockchain, today announced the imminent launch of its innovative platform designed to create autonomous lifelike AI digital replicas on-chain, marking a significant leap towards digital immortality. Leveraging cutting-edge technology, Sensay offers limitless potential in the digital […]

Polygon’s MATIC market cap continued to increase by the day, causing a notable surge above a key psychological level this month. It just tapped a year high following a daily 10% gain and seems set to claim more in the coming days.  The past weeks have been a back-to-back increase for Matic as it climbed above […]

My boyfriend has expressed a desire to step away from the conventional nine-to-five office routine, aiming to allocate his time to investments and …

Bitcoin has set a new record by surpassing $71,000, solidifying its status as the digital counterpart to gold and overtaking the market capitalization of silver. Bitcoin A Tad Close To $73K This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase […]

Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all earnings just to display a top 10 list of the most downloaded apps. […]

Grayscale, the digital currency investment manager, made a move in the cryptocurrency market by filing for the registration of a new “mini” version of its Grayscale Bitcoin Trust (GBTC) exchange-traded fund (ETF) yesterday (Monday). This new offering is set to operate under the ticker symbol “BTC” and aims to provide investors with tax-free exposure to […]

A top trader who nailed the end of the 2021 Bitcoin bull market says people should start looking at BTC from a different perspective. Pseudonymous analyst Pentoshi tells his 766,100 followers on the social media platform X that Bitcoin traders calling for tops should look beyond the charts. According to the analyst, a number of […]

TL;DR Coinbase files an appeal against the SEC, challenging the regulator’s authority in the regulation of digital assets. The dispute arises from the SEC’s rejection of the exchange’s request to establish specific rules. There was an abrupt shift by the SEC in claiming extensive authority and launching a broad enforcement campaign against the crypto industry. […]

Several NFT collections created by industry giant Yuga Labs have sunk to all-time low ETH valuations—at the same time that other NFT projects, including those acquired by the company, have grown in value on the wings of booming crypto prices. Mutant Ape Yacht Club (MAYC), for example, a collection released by Yuga in August 2021, […]

TL;DR Ethereum (ETH) sees significant price growth, with expectations of reaching new highs, backed by favorable market indicators and upcoming network upgrades. Speculation around the approval of an Ethereum ETF in the US and the upcoming Bitcoin halving event could further boost ETH’s market performance. ‘It’s a Matter of When’ Ethereum (ETH) has been among […]